The subject property provides ±250 feet of frontage exposure along heavily traveled Corydon Street. Formerly zoned Industrial, the parcel is administered under the City of Lake Elsinore' s East Lake Specific Plan. The 11th Amendment to this plan is scheduled to be approved by council this summer (2017) and, as such, will convert the zoning to an Action Sports, Tourism, Commercial and Recreation designation. Uses in this zone include a wide variety of Commercial, Hotel, Restaurant and Sport facility concepts.
This flat lot is adjacent to the privately owned Skylark Airport, central hub for the local skydiving and hang-gliding enthusiasts, and provides great vistas of both those activities and the lake. It is also positioned beside the Vested Tentative Tract Map (VTTM 34017) for the Waterbury development, an approved project for 611 single family detached homes, as well as, 1,018 high density residential dwelling units. The Corydon Street frontage provides great exposure to the anticipated year 2022 traffic volume of ±23,915 cars per day (per City of Lake Elsinore traffic study, March 22, 2017).
Price and availability subject to change without notice.
